Article: Dearborn Bancorp Reports Record First Quarter Earnings As Total Assets Reach $200 Million.

DEARBORN, Mich., April 18 /PRNewswire/ --

Dearborn Bancorp, Inc. (Nasdaq: DEAR), the holding company for Community Bank of Dearborn, today reported record net income of $320,000 or $.14 per diluted common share for the three months ended March 31, 2001. For the same period in 2000, the Company reported net income of $211,000 or $.09 per share. The year-to-year increase in net income was 51.7 percent.

At the same time, the Company reported that its total assets were $200,068,000 at March 31, 2001, 27.4 percent more than they were one year earlier when the total was $157,046,000. This was the first time that the Company's total assets exceeded $200 ...

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